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Castor Maritime NasdaqCM:CTRM Stock Report

Last Price

US$3.44

Market Cap

US$33.9m

7D

-3.4%

1Y

-55.8%

Updated

18 Apr, 2024

Data

Company Financials

Castor Maritime Inc.

NasdaqCM:CTRM Stock Report

Market Cap: US$33.9m

Castor Maritime Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Castor Maritime
Historical stock prices
Current Share PriceUS$3.44
52 Week HighUS$8.45
52 Week LowUS$2.85
Beta0.81
1 Month Change-14.85%
3 Month Change-25.05%
1 Year Change-55.78%
3 Year Change-92.91%
5 Year Change-99.40%
Change since IPO-99.32%

Recent News & Updates

Castor Maritime's (NASDAQ:CTRM) Returns On Capital Not Reflecting Well On The Business

Mar 01
Castor Maritime's (NASDAQ:CTRM) Returns On Capital Not Reflecting Well On The Business

Castor Maritime Inc. (NASDAQ:CTRM) Soars 39% But It's A Story Of Risk Vs Reward

Dec 19
Castor Maritime Inc. (NASDAQ:CTRM) Soars 39% But It's A Story Of Risk Vs Reward

Recent updates

Castor Maritime's (NASDAQ:CTRM) Returns On Capital Not Reflecting Well On The Business

Mar 01
Castor Maritime's (NASDAQ:CTRM) Returns On Capital Not Reflecting Well On The Business

Castor Maritime Inc. (NASDAQ:CTRM) Soars 39% But It's A Story Of Risk Vs Reward

Dec 19
Castor Maritime Inc. (NASDAQ:CTRM) Soars 39% But It's A Story Of Risk Vs Reward

Castor Maritime (NASDAQ:CTRM) Seems To Use Debt Quite Sensibly

Nov 14
Castor Maritime (NASDAQ:CTRM) Seems To Use Debt Quite Sensibly

Returns Are Gaining Momentum At Castor Maritime (NASDAQ:CTRM)

Aug 09
Returns Are Gaining Momentum At Castor Maritime (NASDAQ:CTRM)

Is Castor Maritime (NASDAQ:CTRM) A Risky Investment?

Apr 17
Is Castor Maritime (NASDAQ:CTRM) A Risky Investment?

We Think Castor Maritime (NASDAQ:CTRM) Might Have The DNA Of A Multi-Bagger

Mar 13
We Think Castor Maritime (NASDAQ:CTRM) Might Have The DNA Of A Multi-Bagger

Castor Maritime (NASDAQ:CTRM) Is Investing Its Capital With Increasing Efficiency

Oct 13
Castor Maritime (NASDAQ:CTRM) Is Investing Its Capital With Increasing Efficiency

Castor Maritime: Outstanding Financial Condition Despite Weaker Dry Bulk Market Conditions

Sep 26

There's No Escaping Castor Maritime Inc.'s (NASDAQ:CTRM) Muted Earnings Despite A 36% Share Price Rise

Aug 11
There's No Escaping Castor Maritime Inc.'s (NASDAQ:CTRM) Muted Earnings Despite A 36% Share Price Rise

Castor Maritime: Tanker Exposure Should Benefit Q2 Results - Buy

Jun 07

Castor Maritime (NASDAQ:CTRM) Is Doing The Right Things To Multiply Its Share Price

May 11
Castor Maritime (NASDAQ:CTRM) Is Doing The Right Things To Multiply Its Share Price

Castor Maritime - Shares Rally After Strong Q4 Report Without Further Dilution

Feb 08

Castor Maritime: Delving Into The Liability Side Of The Balance Sheet

Jan 05

Returns On Capital At Castor Maritime (NASDAQ:CTRM) Have Hit The Brakes

Dec 04
Returns On Capital At Castor Maritime (NASDAQ:CTRM) Have Hit The Brakes

Castor Maritime - Cheap For A Reason

Nov 23

There Are Some Holes In Castor Maritime's (NASDAQ:CTRM) Solid Earnings Release

Aug 12
There Are Some Holes In Castor Maritime's (NASDAQ:CTRM) Solid Earnings Release

Capital Allocation Trends At Castor Maritime (NASDAQ:CTRM) Aren't Ideal

Aug 07
Capital Allocation Trends At Castor Maritime (NASDAQ:CTRM) Aren't Ideal

Castor Maritime: Recent Meme Stock Now In Value Territory - Buy For The Next Momentum Stampede

Aug 06

Castor Maritime regains compliance with Nasdaq minimum bid price requirement

Jun 15

Castor Maritime acquires Kamsarmax dry bulk carrier for $21M

May 04

Castor Maritime acquires five tankers in its largest purchase transaction

Apr 30

Castor Maritime acquires Panamax dry bulk carrier for $14.5M

Apr 28

Castor Maritime: Massive Dilution And A Small Fleet Suggest This Shipping Company Is Overvalued

Feb 02

Castor Maritime climbs 14% on announcement of vessel acquisition

Feb 01

Reflecting on Castor Maritime's (NASDAQ:CTRM) Share Price Returns Over The Last Year

Jan 29
Reflecting on Castor Maritime's (NASDAQ:CTRM) Share Price Returns Over The Last Year

Castor Maritime prices $18M registered direct offering

Dec 31

Castor Maritime receives 180-day extension from Nasdaq for regaining compliance

Dec 30

Shareholder Returns

CTRMUS ShippingUS Market
7D-3.4%-3.1%-3.7%
1Y-55.8%20.1%20.5%

Return vs Industry: CTRM underperformed the US Shipping industry which returned 20.1% over the past year.

Return vs Market: CTRM underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is CTRM's price volatile compared to industry and market?
CTRM volatility
CTRM Average Weekly Movement7.4%
Shipping Industry Average Movement4.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: CTRM's share price has been volatile over the past 3 months.

Volatility Over Time: CTRM's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20171Petros Panagiotidiswww.castormaritime.com

Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels.

Castor Maritime Inc. Fundamentals Summary

How do Castor Maritime's earnings and revenue compare to its market cap?
CTRM fundamental statistics
Market capUS$33.91m
Earnings (TTM)US$19.64m
Revenue (TTM)US$97.52m

1.7x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CTRM income statement (TTM)
RevenueUS$97.52m
Cost of RevenueUS$46.09m
Gross ProfitUS$51.42m
Other ExpensesUS$31.78m
EarningsUS$19.64m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.03
Gross Margin52.73%
Net Profit Margin20.14%
Debt/Equity Ratio16.3%

How did CTRM perform over the long term?

See historical performance and comparison
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